Home / Knowledge / News / Textiles / Govt extends deadline for cotton exporters
Govt extends deadline for cotton exporters
Dec '10
The government has finally decided to give more time to cotton exporters who were not able to meet the earlier deadline of December 15, 2010 and ship the volume of cotton they had registered with the Textile Commissioners Office.

The government had permitted 5.5 million bales (1 bale = 170 kg) for export and fixed December 15 as deadline for completing shipments. However as on that date, cotton exporters were able to ship only 3.02 million bales.

Vide a notification issued on December 16, Directorate General of Foreign Trade (DGFT), said that, it will henceforth register, inspect and certify all future raw cotton exports from India. In August, DGFT had transferred these powers to the Textile Commissioners Office.

Raw cotton prices had shot up by 12 percent to Rs 42500 / candy (1 candy = 355 kg) after DGFT issued the notification.

According to the Cotton Association of India which released its news estimates on December 18, the cotton crop is expected to be 34.75 million bales. This estimate is less than the October estimate of 35.7 million bales.

The unseasonable rains in the cotton growing zones in India during November, particularly floods in Andhra Pradesh have resulted in lowering the crop estimate. The Cotton Advisory Board (CAB) had estimated cotton output in India at 32.5 million bales in October, but is yet to announce the new estimates.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search